Certificates of Deposit
A money market instrument characterized by its set date of maturity and interest rate. There are two basic types of CDs: traditional and negotiable. Traditional bank CDs typically incur an early-withdrawal penalty, while negotiable CDs have secondary market liquidity with investors receiving more or less than the original amount depending on market conditions.Home | Company Information | Investment Products | Financial Services | Meet Our Staff | Contact | Directions/Map | Links | Site Map |
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